Welcome back! Ask questions, get answers, and join our large community of tax professionals.
cancel
Showing results for 
Search instead for 
Did you mean: 

Is the manicurist with 1099 MISC a qualified business ? to be reported in schedule C in order to get a qualified business income deduction in 2018

xuan150279
Level 3
 
0 Cheers

This discussion has been locked. No new contributions can be made. You may start a new discussion here

1 Solution

Accepted Solutions
itonewbie
Level 15

It's not a matter of reporting the income on Line 21 or Sch C but whether the activity rises to the level of §162 trade or business.  That's something you will need to evaluate with your client based on all the facts and circumstances.

---------------------------------------------------------------------------------
Still an AllStar

View solution in original post

0 Cheers
1 Comment 1
itonewbie
Level 15

It's not a matter of reporting the income on Line 21 or Sch C but whether the activity rises to the level of §162 trade or business.  That's something you will need to evaluate with your client based on all the facts and circumstances.

---------------------------------------------------------------------------------
Still an AllStar
0 Cheers